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please help Hortan Manufacturing incorporated produces blinds and other window treatments for residental homes arid offices. The owner is concerned aboir the maintenance costs for
please help
Hortan Manufacturing incorporated produces blinds and other window treatments for residental homes arid offices. The owner is concerned aboir the maintenance costs for the production mochinery because maintenance costs for the previous fiscal year were higher than he expected. The owner has asked you to assist in estimating future maintenance costs to better predict the firmis profitability. Together, you have determined that the best cost difver for maintenance costs is machine hours. The data from the previous fiscal year for maintenance costs and machine nours follow. Requlred: 1 Use the high-low method to estimate the foxed and varibble portions for ma hitenance costs (in your colculations, round "slope (unit variable cost)" to 4 decimol places. Enter the "slope (unit voriable cost)" rounded to 4 decimal places and all other calculations, to neareat whole dollor.) 2. Graph the daca points to check for possible outiens and determine whecher the points selected in requirement 1 are representotive. of the dirta. (Click each month and then click the aroph to bring up the dato coordinates. Enter the exact coerdinates for toch menth.) 2 Graph the data points to check for possible outliers and determine whether the points selected in requirement 1 are representative of the data. (Click each month and then cllek the graph to bring up the dato coordinates. Enter the exoct coordinates for eoch month.) Step by Step Solution
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